PURCHASE, N.Y. – February 3, 2011 – PepsiCo, Inc. (NYSE: PEP) announced today that it has completed the previously announced acquisition of approximately 66% of the outstanding shares of Wimm-Bill-Dann Foods OJSC (NYSE: WBD), Russia’s leading branded food-and-beverage company, from certain selling shareholders of Wimm-Bill-Dann for approximately $3.8 billion. The acquisition increased PepsiCo’s total ownership […]
Pepsi Refresh Project to Fund Twice as Many Vibrant, Fun Ideas to Move Communities Forward in 2011
PURCHASE, N.Y. – January 27, 2011 – PepsiCo, Inc. (NYSE: PEP) today announced that the Federal Antimonopoly Service of the Russian Federation has issued approvals for PepsiCo’s previously announced acquisition of Wimm-Bill-Dann Foods OJSC (NYSE: WBD), Russia’s leading branded food-and-beverage company. As a result, PepsiCo has received all regulatory approvals required as conditions to completing […]
ON TOP Video: BevNET visits Vita Coco; Brand Poised to Hit $100 Million in Sales? Link Attention Supplier and Services Companies: Time is running out to list your company in BevNET's 2011 Supplier and Services Directory. Link SAVE THE DATE: BevNET Live Summer 11, June 6 & 7, 2011 at the Sheraton Tower NYC. Program […]
PURCHASE, N.Y. and MOSCOW – Dec. 2, 2010 – PepsiCo (NYSE: PEP), one of the world’s largest food-and- beverage companies, and Wimm-Bill-DannFoods OJSC(NYSE: WBD), Russia’s leading branded food-and- beverage company, today announced that PepsiCo has agreed to acquire 66% of Wimm-Bill-Dannfor $3.8 billion, pending the required government approvals. In connection with this acquisition, PepsiCo will […]
ON TOP Breakout sessions are filling up and only a few seats remain for BevNET Live Winter 2010. Link PurBlu, maker of GIVE Water, has invested in Green Shoots distribution, which will make it the exclusive distributor of the company's GIVE Water and GIVE Energy. Link BevNET spoke with Josh Wand of BevForce and looked […]
ON TOP BevNET recently interviewed the Nawgan creator, Dr. Robert Paul and company CEO and president, James von der Heydt. The pair discussed the beverage and how it will fit into the functional category. Link A BevNET Live presentation by the CEO of FRS, Carl Sweat, will discuss how entrepreneurs can boost their company’s growth […]
PURCHASE, N.Y. and PITTSBURGH, Nov. 8, 2010 /PRNewswire/ — PepsiCo, Inc. (NYSE: PEP), one of the world's largest food and beverage businesses, and GNC, the nation's leading specialty retailer of nutritional products for the active consumer, today announced they have signed a joint venture agreement to develop and sell fortified coconut water products under the […]
ON TOP Expo East 2010: show recap and photo gallery posted. Link Honest Tea will make its entire tea line Fair Trade-certified. The intitiative will start in December 2010. Link ON THE SHELVES Assure Food and Beverage intends to launch a line of functional beverages in Pomegranate Blueberry, Raspberry Acai, Goji Lemonade & Peach Mango […]
ON TOP It has been widely reported in the media that New York City and state health departments want the federal government to provide a waiver that would let them bar the use of food stamps to buy sodas and other sugary drinks. Link ZUN founder Brian Stearns recently spoke with BevNET about the current […]
Purchase, N.Y. — (September 30, 2010)— Pepsi-Cola North America Beverages (PCNAB) has named Browning Harvey Limited (BHL) of St. John’s, Newfoundland, Canada, its Donald M. Kendall Bottler of the Year for 2009. Named for PepsiCo's former chairman and founder, this is the highest honor bestowed upon PCNAB's bottling partners. BHL was recognized at PCNAB's national […]
ON TOP Guayakí CEO Chris Mann will be presenting as part of a special session, Investing in the World’s Forests, during the Clinton Global Initiative’s Sixth Annual Meeting. The company was selected for presentation for the way it addresses the challenges of economic empowerment. Link The U.S. International Trade Commission has issued a general exclusion […]
ON TOP The FDA has issued a warning letter to Dr Pepper Snapple Group. According to the agency, Canada Dry Sparkling Green Tea Ginger Ale is mislabeled with the claim that it is "enhanced" with "antioxidants" from green tea and vitamin C. Link 7UP has launched new packaging with updated graphics, and a new "Ridiculously […]
PURCHASE, N.Y., Sept. 7 /PRNewswire/ — PepsiCo, Inc. (NYSE:PEP), one of the world's largest food and beverage businesses, today published its inaugural water report detailing the company's efforts to conserve and replenish water use in its operations and expand access to clean water across the globe. The release of the report, titled "Water Stewardship: Good […]
